Note 21 - Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Table [Text Block]

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The net effect of foreign currency forward contracts in the results of operations is shown in the following table:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2018		2017			2018		2017
Net gain (loss) from derivatives not designated as hedging    instruments	$	6	$	(4	)	$	6	$	—

Derivative Liability (Asset) Key Inputs in Determination of Fair Value of Optional and Mandatory Conversion [Table Text Block]

The following table presents the key inputs in the determination of the fair value of the Optional Conversion and Mandatory Conversion at June 30, 2018 and December 31, 2017:

	Valuation Date
	June 30,			December 31,
	2018			2017
Total value of embedded derivative liability (asset) ($ millions)	$	3		$	(4	)
Kodak's closing stock price		3.80			3.10
Expected stock price volatility		87.32	%		58.22	%
Risk free rate		2.65	%		2.08	%
Yield on the preferred stock		19.85	%		22.31	%